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S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Global shares mostly rise after House approves debt ceiling deal
Save $200 on MarketBeat All Access (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
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Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
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KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Global shares mostly rise after House approves debt ceiling deal
Save $200 on MarketBeat All Access (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
Save $200 on MarketBeat All Access (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Your Ultimate Investment Research Platform (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Global shares mostly rise after House approves debt ceiling deal
Save $200 on MarketBeat All Access (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
Save $200 on MarketBeat All Access (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Your Ultimate Investment Research Platform (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
NYSE:ENV

Envestnet (ENV) Stock Forecast, Price & News

$52.33
+0.20 (+0.38%)
(As of 05/31/2023 ET)
Compare
Today's Range
$51.93
$52.64
50-Day Range
$52.16
$66.31
52-Week Range
$41.72
$69.22
Volume
673,560 shs
Average Volume
434,632 shs
Market Capitalization
$2.85 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$63.75

Envestnet MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
21.8% Upside
$63.75 Price Target
Short Interest
Bearish
8.80% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.84mentions of Envestnet in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$749,325 Sold Last Quarter
Proj. Earnings Growth
50.41%
From $1.23 to $1.85 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.62 out of 5 stars

Business Services Sector

303rd out of 347 stocks

Business Services, Not Elsewhere Classified Industry

83rd out of 91 stocks


ENV stock logo

About Envestnet (NYSE:ENV) Stock

Envestnet, Inc. engages in the provision of intelligent systems for wealth management and financial wellness. It operates through Envestnet Wealth Solutions and Envestnet Data and Analytics segments. The Envestnet Wealth Solutions segment provides unified wealth management software and services to empower financial advisors and institutions. The Envestnet Data and Analytics segment is involved in data aggregation and a data analytics platform powering dynamic, cloud-based innovation for digital financial services. The company was founded by Judson Taft Bergman, James Winfield Lumberg, William C. Crager, and Brandon Rockwell Thomas in 1999 and is headquartered in Berwyn, PA.

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ENV Stock News Headlines

Sell Every Stock, Except ONE (Ticker Revealed)
We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.
The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
Envestnet Named a Leader in Open Banking
See More Headlines
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ENV Company Calendar

Last Earnings
11/08/2021
Today
6/01/2023
Next Earnings (Estimated)
8/03/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
Internet Software & Services
CUSIP
29404K10
Employees
3,429
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$63.75
High Stock Price Forecast
$80.00
Low Stock Price Forecast
$47.00
Forecasted Upside/Downside
+21.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
8 Analysts

Profitability

Net Income
$-80,940,000.00
Pretax Margin
-6.96%

Debt

Sales & Book Value

Annual Sales
$1.24 billion
Cash Flow
$3.47 per share
Book Value
$13.55 per share

Miscellaneous

Free Float
49,399,000
Market Cap
$2.85 billion
Optionable
Optionable
Beta
1.22

Key Executives

  • Bill Crager
    Chief Executive Officer & Director
  • Joshua David Mayer
    Chief Operating Officer
  • Peter H. D'Arrigo
    Chief Financial Officer
  • Robert Coppola
    Chief Technology Officer
  • Debra DeVoe
    Chief Compliance Officer & Managing Director













ENV Stock - Frequently Asked Questions

Should I buy or sell Envestnet stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Envestnet in the last twelve months. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ENV shares.
View ENV analyst ratings
or view top-rated stocks.

What is Envestnet's stock price forecast for 2023?

8 brokers have issued 1 year price targets for Envestnet's shares. Their ENV share price forecasts range from $47.00 to $80.00. On average, they expect the company's share price to reach $63.75 in the next twelve months. This suggests a possible upside of 21.8% from the stock's current price.
View analysts price targets for ENV
or view top-rated stocks among Wall Street analysts.

How have ENV shares performed in 2023?

Envestnet's stock was trading at $61.70 on January 1st, 2023. Since then, ENV stock has decreased by 15.2% and is now trading at $52.33.
View the best growth stocks for 2023 here
.

When is Envestnet's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our ENV earnings forecast
.

How were Envestnet's earnings last quarter?

Envestnet, Inc. (NYSE:ENV) issued its quarterly earnings data on Monday, November, 8th. The business services provider reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.03. The business services provider had revenue of $303.10 million for the quarter, compared to analyst estimates of $300.78 million. Envestnet had a negative net margin of 8.90% and a positive trailing twelve-month return on equity of 7.31%. The company's revenue was up 20.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.49 EPS.

What guidance has Envestnet issued on next quarter's earnings?

Envestnet issued an update on its second quarter 2023 earnings guidance on Thursday, May, 4th. The company provided earnings per share (EPS) guidance of $0.45-$0.46 for the period, compared to the consensus estimate of $0.50. The company issued revenue guidance of $312.00 million-$315.00 million, compared to the consensus revenue estimate of $316.99 million.

What is Bill Crager's approval rating as Envestnet's CEO?

44 employees have rated Envestnet Chief Executive Officer Bill Crager on Glassdoor.com. Bill Crager has an approval rating of 100% among the company's employees. This puts Bill Crager in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Envestnet own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Envestnet investors own include Hawkins (HWKN), CA (CA), BlackRock (BLK), Endologix (ELGX), Micron Technology (MU), Chipotle Mexican Grill (CMG), Crown Castle (CCI), Transocean (RIG), Alibaba Group (BABA) and Intel (INTC).

What is Envestnet's stock symbol?

Envestnet trades on the New York Stock Exchange (NYSE) under the ticker symbol "ENV."

Who are Envestnet's major shareholders?

Envestnet's stock is owned by a number of institutional and retail investors. Top institutional investors include Brown Advisory Inc. (2.54%), Stephens Investment Management Group LLC (2.45%), Clearbridge Investments LLC (2.19%), RGM Capital LLC (2.05%), Geode Capital Management LLC (1.90%) and Dimensional Fund Advisors LP (1.70%). Insiders that own company stock include Anil Arora, Barry D Cooper, Brandon Thomas, Joshua Mayer, Matthew Majoros, Shelly O'brien, Stuart Depina and William Crager.
View institutional ownership trends
.

How do I buy shares of Envestnet?

Shares of ENV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Envestnet's stock price today?

One share of ENV stock can currently be purchased for approximately $52.33.

How much money does Envestnet make?

Envestnet (NYSE:ENV) has a market capitalization of $2.85 billion and generates $1.24 billion in revenue each year. The business services provider earns $-80,940,000.00 in net income (profit) each year or ($2.16) on an earnings per share basis.

How many employees does Envestnet have?

The company employs 3,429 workers across the globe.

How can I contact Envestnet?

Envestnet's mailing address is 35 EAST WACKER DRIVE SUITE 2400, CHICAGO IL, 60601. The official website for the company is www.envestnet.com. The business services provider can be reached via phone at (312) 827-2800, via email at investor.relations@envestnet.com, or via fax at 312-827-2801.

This page (NYSE:ENV) was last updated on 6/1/2023 by MarketBeat.com Staff

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